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Sundaram Banking & PSU Fund Direct IDCW Weekly
+5.12%
3Y annualised
+0.06% 1D
NAV: 28 Jun '24
₹13.01
Min. for SIP
Not Supported
Fund size (AUM)
₹328.60 Cr
Expense ratio
0.27%
Rating
2
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +5.1% | +6.0% | +6.8% | +7.1% |
| Category average (Debt Banking and PSU) | +7.3% | +5.7% | +7.1% | -- |
| Rank (Debt Banking and PSU) | 18 | 16 | -- | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +7.26% | +7.52% | 130.72 | |
| +7.08% | +5.12% | 328.60 | |
| Compare | ||||
About Sundaram Banking & PSU Fund Direct IDCW Weekly
Sundaram Banking & PSU Fund Direct IDCW Weekly is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. The fund currently has an Asset Under Management(AUM) of ₹84,418 Cr and the Latest NAV as of 28 Jun 2024 is ₹13.01.
The Sundaram Banking & PSU Fund Direct IDCW Weekly is rated Moderate risk.
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Investment Objective
The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Fund benchmarkNifty Banking & PSU Debt Index A-II
Fund house
Rank (total assets)#17 in India
Total AUM₹84,417.82 Cr
Date of Incorporation26 Feb 1996
Launch Date26 Feb 1996
AddressSundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,